SERENDIB HOTELS (Sri Lanka) Price History

SHOTX0000  LKR 12.50  0.10  0.79%   
If you're considering investing in SERENDIB Stock, it is important to understand the factors that can impact its price. As of today, the current price of SERENDIB HOTELS stands at 12.50, as last reported on the 13th of December 2024, with the highest price reaching 13.00 and the lowest price hitting 12.40 during the day. SERENDIB HOTELS appears to be somewhat reliable, given 3 months investment horizon. SERENDIB HOTELS PLC owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.23, which indicates the firm had a 0.23% return per unit of standard deviation over the last 3 months. By examining SERENDIB HOTELS's technical indicators, you can evaluate if the expected return of 0.74% is justified by implied risk. Please review SERENDIB HOTELS's coefficient of variation of 564.39, and Risk Adjusted Performance of 0.1363 to confirm if our risk estimates are consistent with your expectations.
  
SERENDIB Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.2333

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Estimated Market Risk

 3.15
  actual daily
28
72% of assets are more volatile

Expected Return

 0.74
  actual daily
14
86% of assets have higher returns

Risk-Adjusted Return

 0.23
  actual daily
18
82% of assets perform better
Based on monthly moving average SERENDIB HOTELS is performing at about 18% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of SERENDIB HOTELS by adding it to a well-diversified portfolio.

SERENDIB HOTELS Stock Price History Chart

There are several ways to analyze SERENDIB Stock price data. The simplest method is using a basic SERENDIB candlestick price chart, which shows SERENDIB HOTELS price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceDecember 4, 202413.0
Lowest PriceSeptember 11, 20248.3

SERENDIB HOTELS December 13, 2024 Stock Price Synopsis

Various analyses of SERENDIB HOTELS's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell SERENDIB Stock. It can be used to describe the percentage change in the price of SERENDIB HOTELS from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of SERENDIB Stock.
SERENDIB HOTELS Price Rate Of Daily Change 0.99 
SERENDIB HOTELS Price Action Indicator(0.25)
SERENDIB HOTELS Price Daily Balance Of Power(0.17)

SERENDIB HOTELS December 13, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in SERENDIB Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use SERENDIB HOTELS intraday prices and daily technical indicators to check the level of noise trading in SERENDIB Stock and then apply it to test your longer-term investment strategies against SERENDIB.

SERENDIB Stock Price History Data

The price series of SERENDIB HOTELS for the period between Sat, Sep 14, 2024 and Fri, Dec 13, 2024 has a statistical range of 4.7 with a coefficient of variation of 13.23. The price distribution for the period has arithmetic mean of 10.4. The median price for the last 90 days is 10.2.
OpenHighLowCloseVolume
12/13/2024
 12.90  13.00  12.40  12.50 
12/11/2024 12.90  13.00  12.40  12.50  437,872 
12/10/2024 13.00  13.00  12.50  12.60  119,627 
12/09/2024 12.50  13.00  12.50  12.90  51,591 
12/06/2024 13.00  13.00  12.60  12.60  7,801 
12/05/2024 13.00  13.00  12.80  13.00  410,791 
12/04/2024 13.00  13.00  12.60  13.00  1,299,895 
12/03/2024 12.80  13.10  12.70  12.80  673,067 
12/02/2024 12.90  13.00  12.60  12.80  475,059 
11/29/2024 12.60  13.00  12.30  12.50  864,939 
11/28/2024 11.80  12.60  11.80  12.50  1,091,771 
11/27/2024 11.70  11.80  11.40  11.70  30,776 
11/26/2024 11.40  11.80  11.40  11.60  16,385 
11/25/2024 11.50  11.50  11.50  11.50  12,000 
11/22/2024 11.50  12.10  11.50  11.90  27,366 
11/21/2024 12.00  12.00  11.50  11.70  307,106 
11/20/2024 11.80  12.20  11.70  12.00  2,699,358 
11/19/2024 11.20  12.00  11.20  11.70  697,497 
11/18/2024 11.10  11.50  11.00  11.20  735,713 
11/14/2024 10.80  11.00  10.70  10.80  201,587 
11/13/2024 10.40  10.90  10.40  10.50  3,384,097 
11/12/2024 10.40  10.50  10.30  10.30  60,447 
11/11/2024 10.30  10.40  10.30  10.40  505.00 
11/07/2024 10.40  10.40  10.00  10.00  11.00 
11/06/2024 10.00  10.30  10.00  10.00  2,251 
11/05/2024 10.10  10.10  10.00  10.00  122,900 
11/04/2024 10.20  10.60  10.10  10.10  178,858 
11/01/2024 10.20  10.20  10.00  10.10  42,915 
10/30/2024 10.30  10.30  10.00  10.20  12,502 
10/29/2024 10.20  10.20  10.00  10.00  4,349 
10/28/2024 10.00  10.40  10.00  10.00  8,962 
10/25/2024 10.50  10.50  10.40  10.50  10,001 
10/24/2024 10.20  10.50  10.00  10.00  194,666 
10/23/2024 10.50  10.50  10.20  10.20  101,849 
10/22/2024 10.50  10.50  10.30  10.50  33,681 
10/21/2024 10.50  10.60  10.50  10.50  10,224 
10/18/2024 11.00  11.00  10.60  10.80  24,645 
10/16/2024 10.40  11.30  10.40  10.90  824,100 
10/15/2024 10.90  10.90  10.80  10.80  15,470 
10/14/2024 10.50  11.00  10.10  10.90  1,366,459 
10/11/2024 10.10  10.40  10.00  10.10  22,363 
10/10/2024 10.00  10.50  10.00  10.50  8,113 
10/09/2024 10.50  10.50  10.10  10.10  5,735 
10/08/2024 10.20  10.60  10.20  10.30  762,027 
10/07/2024 10.00  10.30  9.80  9.80  18,951 
10/04/2024 9.90  10.30  9.90  10.10  10,011 
10/03/2024 10.30  10.30  9.60  9.60  62,855 
10/02/2024 10.00  10.10  9.90  9.90  34,965 
10/01/2024 10.00  10.50  9.90  10.00  748,537 
09/30/2024 10.00  10.10  9.80  9.90  863,691 
09/27/2024 9.40  10.00  9.40  10.00  487,160 
09/26/2024 9.20  9.40  8.80  9.00  53,374 
09/25/2024 9.30  9.30  9.10  9.20  12,669 
09/24/2024 8.60  9.50  8.50  9.10  193,903 
09/23/2024 8.50  8.60  8.50  8.50  11,000 
09/20/2024 9.00  9.00  8.50  8.60  9,502 
09/19/2024 8.50  8.50  8.50  8.50  1,298 
09/18/2024 8.90  8.90  8.40  8.40  14,400 
09/13/2024 8.40  8.40  8.40  8.40  3,900 
09/12/2024 8.40  8.40  8.40  8.40  2,000 
09/11/2024 8.80  8.80  8.30  8.30  10.00 

About SERENDIB HOTELS Stock history

SERENDIB HOTELS investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for SERENDIB is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in SERENDIB HOTELS PLC will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing SERENDIB HOTELS stock prices may prove useful in developing a viable investing in SERENDIB HOTELS

SERENDIB HOTELS Stock Technical Analysis

SERENDIB HOTELS technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of SERENDIB HOTELS technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of SERENDIB HOTELS trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

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SERENDIB HOTELS Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for SERENDIB HOTELS's price direction in advance. Along with the technical and fundamental analysis of SERENDIB Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of SERENDIB to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

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When running SERENDIB HOTELS's price analysis, check to measure SERENDIB HOTELS's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy SERENDIB HOTELS is operating at the current time. Most of SERENDIB HOTELS's value examination focuses on studying past and present price action to predict the probability of SERENDIB HOTELS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SERENDIB HOTELS's price. Additionally, you may evaluate how the addition of SERENDIB HOTELS to your portfolios can decrease your overall portfolio volatility.
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